Professional Adviser is delighted to announce the launch of the new Working Lunches in partnership with Baillie Gifford and First State Investments. Travelling across the UK to provide valuable market insights for Senior Financial Advisers.

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He says the defined benefit SSAS structure is likely to become increasingly popular after the Government opted to freeze the lifetime allowance.

Family SIPPs are set to increase in popularity, according to Hammond, and new entrants to the market are expected in 2010.

Alternatives to traditional annuities and income drawdown will become more widely used, adds Hammond.

"Interest in Scheme Pension as the alternative to traditional forms of pension income will continue as interest, annuity, maximum unsecured pension and alternatively secured pension rates will all continue to run at very low levels," he says.

Regulatory interest in SIPPs is also likely to increase, according to Hammond.

He adds: "Whilst there has been increasing focus on SIPPs, from the FSA, yet more clarity is needed; whilst it is unlikely that we will see action in the short term, more measures must be taken by the regulator to clarify SIPPs for the consumers, to enable them to make a more informed decision."

Rowanmoor Pensions says 2010 will be a challenging year for clients, providers and advisers, but believes flexibility will allow investors to adapt to whatever lies ahead.